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Money makeover, day two – the secret to success

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by Peter Switzer

Success is simple — CHANGE!

But that’s the hard bit. How do you change?

There are seven questions you have to answer:

Hands up those who want to be a success?
Hands up those who want to be wealthier?
Hands up those who want a great business, that works really well, is a pleasure to own and that increases in value?
Hands up those who want to be happy too?
Hands up those who get frustrated at their lack of progress towards success?
Hands up those who have created a success plan?
Hands up those who know why they haven’t created the plan?

To embrace a new and improved attitude that will bring success, honestly answer the following questions:

Are you a procrastinator?
Do you doubt your ability?
Does it seem too hard and you don’t know where to start?
Do you really want to win?

Tennis great Chris Evert once said: “Deep down, I wanted to win so badly, I could actually will it to happen!”

She had a 91 per cent success rate in professional tennis — that’s extraordinary.

Evert also said:

“I think most of my career was based on desire.”

Here are some more questions to answer:

Do you really want to win?
Do you have the desire to win?
Do you have the vision in your head? Do you have the reminder of the number one job at hand on your screen saver? Is it on your toilet door? Is it a 24/7 goal? If not, you don’t want it badly enough!

Richard Branson lived, breathed and kept focused on his business dream — it was a big part of why he made Virgin Music such a success.

If you want success with money, business or your career, you have to visualise the dream. Then, put a figure on it and introduce change into your life to make sure your quantified dream comes true.

So, before you read tomorrow’s lesson – day three of our money makeover special – write down your goals and, in ensuing days, I will try to help you get there, especially with your wealth-building goals.

For advice you can trust, contact Switzer Financial Services.

Important information:This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. For this reason, any individual should, before acting, consider the appropriateness of the information, having regard to the individual’s objectives, financial situation and needs and, if necessary, seek appropriate professional advice.

The Switzer Super Report is a newsletter and website for self managed super funds. With exclusive commentary from Peter Switzer and Paul Rickard the Switzer Super Report will help you maximise your after tax investment returns and grow your DIY Super. Click here for a free trial or subscribe today.

Published on: Monday, December 21, 2009